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3/9/10

How Much Are You Worth? More Than $5?

Women of all races bring home less income and own fewer assets, on average, than men of the same race, but for single black women the disparities are so overwhelmingly great that even in their prime working years their median wealth amounts to only $5.

Make of this what you will. But remember this the next time you feel like bashing parents for their kids' lack of "effort" or "ability" in getting the necessary high test scores in school needed to keep their teachers from getting fired--teachers who are needed by these neediest of our children--and from getting their school "privatized" so the wealthy can continue to subjugate the least powerful for their own gain and perpetuate the re-segregation of America. Given the $5 net worth described above, I would say the oligarchs are doing exactly what they want, and are succeeding.

Poverty is a reflection of society; a mirror of what we deem important as a people; it is the civil rights issue of our time (and ALL time), Arne.